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Planning on purchasing a an E28 1986 BMW 535i, with 290,000 km (around 180,000 miles). It has a limited slip diff and a 5-speed manual. From the ad it looks that there is hardly any rust, however it has a big dent on the drivers side front fender. Apparently the ABS is not working, the headrests dont operate properly, and the master cylinder has to be lubricated. Although some of the fuel and brake lines have been replaced. The asking price is around $2,000 however i will try to get it for around $1500. I am going to check it out tomorrow

I am just wondering if i will be way over my head here or will this find be a sufficient start for a project car.

An inline six, three pedals, LSD, and rear wheel drive...whats not to love?

It's the comprehensive repair Bible for this model BMW. You can get them online at Ebay, Amazon, maybe even Craigslist or possibly some other used discount booksellers. It will prove invaluable in your need for repair guidance. Do a Google search for "E28 Bentley repair manual" and go from there.